Brent crude price fell below $ 77 per barrel for the first time since September 24

According to RIA Novosti, at 17:36 Moscow time, the cost of January futures for Brent oil fell to $ 76.76 per barrel.

January futures for WTI fell 3.32% to $ 72.56.

Earlier, Otabek Karimov, Vice President for Commerce and Logistics of Rosneft, said that at the end of the first half of 2022, the oil price could reach $ 120 per barrel.